Guest presenter and estate planning solicitor, Joshua Auld, discusses the importance of having the correct documentation in place so that your estate is administered as per your directions in the event of your death.

A will is the most important document in estate planning, and appointing a substitute decision maker is a very close second.

Joshua discusses why correctly prepared documents can reduce both time and cost when a person’s will is executed. What may seem a less expensive option up front can end up costing the person’s estate significant amounts of money in the longer term.

In this episode:

• What parts of estate planning does a person need to consider?
• Wills explained – Solicitor vs Public Trustee vs Will Kit
• Risks if your will isn’t completed correctly
• Terminology used in estate planning
• What happens if a person dies with no will (intestate)
• Josh’s experience in admitting a video will to probate in Queensland
• When a person cannot legally make a will (capacity)
• Appointing an attorney – your substitute decision maker
• Decisions that a substitute decision maker make
• Loss of capacity without a substitute decision maker
• Revoking an Enduring Power of Attorney

Resources mentioned:

• Enduring Power of Attorney WA 
• Enduring Guardian WA
• Power of Attorney/Enduring Power of Attorney Qld
• Power of Attorney/Enduring Power of Attorney NSW
• Enduring Guardian NSW
• Power of Attorney/Enduring Power of Attorney Vic
• Power of Attorney/Enduring Power of Attorney SA
• Advance Care Directives SA
• Enduring Power of Attorney Tas
• Enduring Guardianship Tas
• Power of Attorney/General Power of Attorney NT
• Advance Personal Plan NT
• General Power of Attorney/Enduring Power of Attorney ACT
• Let's Talk Consultation

Connect with Joshua Auld:

• Email
• Website
• Phone (07) 4249 3456

Connect with Coral Wilkinson: 

• Instagram 
• LinkedIn 

Follow See Me Aged Care Navigators:

• See Me ACN website
• Facebook
• Instagram

More about Your Aged Care Compass podcast: 

Do you support an older loved one at home and you're ready to give up because it’s just too hard? Your Aged Care Compass is for you.

We're Coral and Michelle, the sisters behind our business, See Me Aged Care Navigators.

Coral is a registered nurse with over 30 years’ experience in both health and aged care. A former assessor with the aged care assessment team, an advocate and author, there’s not much Coral doesn’t know about Australia’s aged care system.

Michelle is a former pharmacist with over 30 years in the public health and private sectors of pharmacy. Michelle is the client care manager for our business. 

Our story started as one of supporting our parents to remain in their own home, to be as independent as possible and remain connected to their community. When we eventually needed extra support, we achieved this because we know Australia’s aged care system so well. We knew what programs could assist us and our parents.

Your Aged Care Compass podcast brings together not only our personal experience in supporting our parents but also our vast professional experience in supporting other families to keep their loved ones at home. 

We'll help you makes sense of Australia’s aged care system and bring you topics related to ageing as well. Legal, financial, health, forward planning and more.

 Your Aged Care Compass will guide you clearly and compassionately to the right support at the right time for your ageing parents and loved ones. 

Like what you hear? Please leave us a rating and review. We’d love you to share this podcast with any friends or family who have older loved ones.